Feb 17, 2013 10:00am EST
across the board, 8% to the pentagon, you have been looking at the kind of impact this will have. what you expect? how much damage you think it would do four different operations? >> needless to say, being an appropriate, but think it is an idiotic way to do business. these are indiscriminate cuts. they are not thought through. they're just automatic across- the-board, without any consideration of good, bad or evil or whatever. so i think the cuts are devastating. i am sad to see take place. but i don't see any effort being made realistically to stop it. >> do you think that, once the sequestered takes effect, that people will see the wide ranging implications and that there will actually start working together to figure out how to replace it or a verdict? >> that is my hope. number one, most of in the week to avoid it. i think it will have a shocking effect on so many agencies of the government that, hopefully -- >> what do you think it will take for people to say, finally, let's get together and figure out a way to not let this happen. >> because to the military are the most severe.
Feb 17, 2013 6:00pm EST
of the audience, these automatic indiscriminate across-the-board cuts, 5% to domestic agencies, 8% to the pentagon, you've been looking at the kind of impact this will have. what do you expect? how much damage do you think it would do for government operations? how badly would it affect your constituents and people across the country? >> well, needless to say, being an appropriator, i think it's an idiotic way to do business. these are indiscriminate cuts. they're not thought through but are automatic across the board without any consideration of good, bad or evil, or whatever. so i think the cuts are devastating. i'm sad to see it take place but i don't see an effort being made realistically to stop it. >> do you, mr. chairman, do you think that once the sequester actually takes effect, that people will see the wide ranging implications of this and they would actually start working together to figure out the best way to either avert it or replace it? >> that's my hope. i'm hoping, number one, i was hoping we could avoid it. but after it hits, which i think it will, i think it's going to have a sh
Feb 10, 2013 10:00am EST
and funding the pentagon. it is the view of some. it is not the view of the great majority of the american people. i think the president will propose -- nobody knows what the president will say, but i think he will propose ideas about how to spur innovation in the country and the fact that the government has had an important role in research. i mentioned the national institutes of health. you have other agencies, energy or other sectors, that can provide seed money for those sorts of things. you are absolutely right. we still have this standoff over these short-term crises and we have proposed a way to deal with them in a balanced way that i, again, point out that republican colleagues recognized for months, leading up to the november election that there are tax loopholes and benefits that benefit wealthy people. they are still there. what they refuse to do, at least today, is say that we should get rid of those loopholes to reduce the deficit, and i hope that will change as the public engages. >> four minutes left. >> it is really hard, to be honest with you, to see how we get through the